Wisconsin Wins $10 Billion Foxconn Investment

Agency_Content

In 2017 Wisconsin's workforce and business climate went toe to toe with other states to compete for 13,000 new jobs and $10 billion of capital investment from Foxconn's new state-of-the-art advanced manufacturing campus. Wisconsin won!

It's estimated that this project will add $51 billion to Wisconsin's gross domestic product over 15 years, an economic impact of $18 returned for every $1 invested by the state.

Project construction for the Science and Technology Research Park was kicked off with information sessions held in 13 locations across the state by WEDC and M+W|Gilbane. Download the presentation materials.

Local monthly updates for the Foxconn project will be held on the 3rd Monday of each month at 6:00 p.m. at the Mount Pleasant Village Hall. Brief updates will be provided by the Wisconsin Department of Transportation, M+W | Gilbane, and the Village of Mount Pleasant to keep the public informed.

​Local elected officials, suppliers, contractors and members of the
public are encouraged to turn to the Wisconn Valley News for the latest project
status, road updates, next steps, and interesting facts.

Content_Area3

What's New?

The “Smart City, Smart Future” initiative was recently announced by Foxconn in partnership with Wisconsin Universities and Technical Colleges. This initiative will include a competition, which will offer winners and award recipients prizes, financial awards, and technical support, in addition to a platform to attract investments to support them in bringing their ideas to life. The competition will look for innovative ways and harness technology to enhance quality of life and working environments, inspire attractive streetscapes, transportation networks and living spaces, and promote sustainable economic and demographic growth. More details will be announced during a Smart Futures Summit at University of Wisconsin-Parkside on August 7th.

Content_Area1

Content_Area2

​

Why Wisconsin?

While other states aggressively competed for the Foxconn project, and some offered larger incentives, Foxconn Chairman Terry Gou said the company chose Wisconsin in large part because of the commitment from Governor Walker and other state officials. Gou added that Wisconsin’s strong manufacturing legacy also was a key factor in the company’s decision.

“Wisconsin has a rich manufacturing history in industrial automation, healthcare and more, and a strong talent pool of engineers, technicians and craftsmen who are the backbone of America,” he said. “We are looking forward to building on that history and tapping into that pool.”